Hello traders
Reason for long:
1. Expanding flat structure at play
2. Unmitigated order block 0.85800 price
3. Unmitigated order block zone (0.87760)
4. Slow steady downward move creating liquidity
5. Strategy: ENGULFING candle once OB is mitigated
Entry: 0.85810
Stop loss: 0.85363
Take Profit: 0.87760
Reason for long:
1. Expanding flat structure at play
2. Unmitigated order block 0.85800 price
3. Unmitigated order block zone (0.87760)
4. Slow steady downward move creating liquidity
5. Strategy: ENGULFING candle once OB is mitigated
Entry: 0.85810
Stop loss: 0.85363
Take Profit: 0.87760
Trade closed: stop reached
Stopped out!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.